United States
US 52892278 | Procurement

Refrigerated Storage Services in the US Procurement Price, Data and Insights

IW
IBISWorld Research Department
Analyst New York
Providers of refrigerated storage operate warehousing and storage facilities with refrigeration and freezing capabilities. Temperature-controlled services include blast freezing, tempering, and atmosphere storage services—suppliers of refrigerated storage store perishable goods, such as food and furs for trade.

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What’s included in this market coverage

IBISWorld's research coverage on the Refrigerated Storage Services procurement and pricing environment in the United States includes market dynamics, buyer power scores, supply chain vendors with pricing trends and forecasts.

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About this Market

What’s this procurement report about?

This procurement coverage of the Refrigerated Storage Services market in the United States includes Blast Freezing / Quick Freezing, Chilled Storage Rooms, Cold Storage Warehousing, Containerized Refrigerated Storage (Reefer Units) Rental, Food Storage, Frozen Storage Warehousing and Perishables Storage. Standard coding in this coverage includes ISIC-521-Warehousing and storage, NACE-52.10-Warehousing And Storage, NAICS-493120-Refrigerated Warehousing and Storage and UNSPSC-78131801-Refrigerated storage.

What common market terminology is included?

Common market terminology included in the Refrigerated Storage Services procurement coverage includes Cold Chain (The term used to describe the supply chain for frozen and refrigerated products.), Cross-Docking (The method of unloading materials from an incoming mode of transportation directly into an outbound mode of transportation with little or no storage in between.), Picking & Packing (Taking products from a shipment and rerouting them to a new destination with new packaging and labeling.), Pool Distribution (Consolidating less-than-truckload shipments with shipments from other companies that have similar characteristics that are going to the same general geographic location.) and Freight Consolidation (Several small shipments forwarded to the same location that are bundled and shipped together.).

What companies are included as top suppliers?

The top companies covered in the Refrigerated Storage Services procurement report as suppliers are Honeyville Inc., Henningsen Cold Storage Co., United States Cold Storage Inc., Nor-Am Cold Storage Inc. and Midwest Refrigerated Services Inc..

Opportunity Assessment

What’s included in the Opportunity Assessment chapter?

The Opportunity Assessment chapter provides a comprehensive market analysis of the Refrigerated Storage Services market in the United States category, including buyer power scoring, market pricing trends, vendor landscape, cost structure, and strategic negotiation levers.

The market pricing trends include the Market Price (2026) per pallet per month, a five year price forecast and a supply chain risk score. Vendor coverage includes a market share and cost structure breakdown.

Analysis includes a comprehensive SWOT analysis of and recent developments impacting the Refrigerated Storage Services market environment.

Buyer Power Score

What’s included in the Buyer Power Score chapter?

The Buyer Power Score chapter assesses key components impacting Refrigerated Storage Services procurement including the recent price trend, forecast price trend, availability of substitutes, switching costs, product specialization, average vendor risk, market share concentration, supply chain risk, price driver volatility and recent price volatility.

These components generate a Buyer Power Score that ranges from -5 (strongly favoring sellers) to +5 (strongly favoring buyers) plus a recommended strategy for procurement specialists.

Price Environment

What’s included in the Price Environment chapter?

The Price Environment chapter covers detailed pricing analysis and datasets on Refrigerated Storage Services market environment. This includes insights into market pricing Market Price (2026), price forecasts, volatility, specialization, substitutes and switching costs.

Datasets in the Price Environment chapter include vendor cost structure, breakdowns of wage rates by geography and specialty, key external economic and labor drivers impacting the market and market pricing models.

Supply Chain & Vendors

What’s included in the Supply Chain & Vendors chapter?

The Supply Chain & Vendors chapter covers the concentration, risk and diversity of the Refrigerated Storage Services market. This includes datasets on the market’s top suppliers, detailed analysis on the key sourcing risks and supply chain dynamics, with environmental, social and governance (ESG) considerations and scores.

Business Requirements

What’s included in the Business Requirements chapter?

The Business Requirements chapter covers vendor relationships, qualifications, service level agreements and key performance indicators. These inputs provide insight into the planning process through the buying lead time, vendor relationship and vendor qualifications. The sourcing process include key RFP elements like an organizational overview, project budget, selection criteria, project schedule, proposal format, inventory control, cost containment, regulation, quality control, distribution and key contract clauses.

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Frequently Asked Questions

What is the current market price for Refrigerated Storage Services?

The 2026 benchmark market price for Refrigerated Storage Services is $24.97 per pallet per month. Prices have increased at a CAGR of 3.53 from 2023-26.

Who are the top vendors in the Refrigerated Storage Services market?

The top vendors in the Refrigerated Storage Services market include Honeyville Inc., Henningsen Cold Storage Co., United States Cold Storage Inc., Nor-Am Cold Storage Inc. and Midwest Refrigerated Services Inc..

What industries supply the Refrigerated Storage Services market?

The top industries supplying the Refrigerated Storage Services market are Refrigeration Equipment Wholesaling in the US, Heating & Air Conditioning Equipment Manufacturing in the US, Local Refrigerated Trucking in the US and Truck & Bus Manufacturing in the US.

What is the supply chain risk for Refrigerated Storage Services?

Low vendor financial risk supports stable contract terms and predictable pricing for buyers. Vendors in the US refrigerated storage market maintain high profitability with low operating costs and minimal purchasing requirements, resulting in low financial risk. For buyers, this stability reduces the likelihood of supplier defaults or sudden price spikes, enabling longer-term contract negotiations and predictable budgeting. Buyers can leverage this vendor resilience to negotiate multi-year agreements with favorable terms, performance incentives, or service-level guarantees without the concern of supplier instability affecting operational continuity.

What factors affect the price of Refrigerated Storage Services?

Storage requirements vary depending on the temperature and humidity needs of the product. Maintaining ultra-low or highly stable temperatures generally leads to higher costs due to the additional energy consumption and stricter facility requirements.

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